The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of the entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. Read More
India's foreign exchange (forex) reserves dipped by $3.27 billion to $600.42 billion for the week ended April 22, registering the seventh straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide in ...
The Central Bureau of Investigation is conducting raids on the premises of builders Avinash Bhonsle, Vinod Goenka, and Shahid Balwa in Pune and Mumbai on Saturday in connection with a cheating case related to the Yes Bank and Dewan Housing Finance Li ...
The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions related to Know Your Customer (KYC). ...
Countering Yes Bank promoter Rana Kapoor's allegation against the senior party leader, Congress Party on Sunday accused Bharatiya Janata Party (BJP) of keeping the pot boiling without any basis. ...
Yes Bank promoter Rana Kapoor informed the Enforcement Directorate (ED) that he was 'forced' by a then Congress Union Minister to buy an MF Hussain painting from Priyanka Gandhi Vadra for Rs 2 crores. ...
Amidst load shedding issues in Maharashtra, state Deputy Chief Minister Ajit Pawar on Friday said that the state government has decided to import coal from outside the country and also said that efforts are underway to get one coal mine in Chhattisga ...
The Reserve Bank of India (RBI) on Friday said it has imposed a monetary penalty of Rs 36 lakh on the Central Bank of India for non-compliance with certain regulatory directions. ...
